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look at the tax cuts, what tax cuts? they're talk about taking a status quo, tax rate that exist today, increasing the higher rates on people who earn more money. millionaires and billionaires like dry cleaners, you know, mechanics and other people like that. when you and i both know spending is so massive they will try back tax and tax 401(k)s and raise taxes on the middle class. what is the answer? the answer is controlling government. firm, spending, caps over -- >> neil: they can't. they can't mark. whether they do it now or not, whether they play the smoke and mirrors or not sex they don't and it's clear to you and others that they're not. what do you think happens? >> it's over. then it's over. the economy is going to collapse. peep think just because it's america we'll survive mishandling of the finances. we're not guaranteed economic prosperity in this country and we won't have it if it keeps up. >> neil: to that point, we are just getting this in to our news room. this is an interview with reuters saying that he
look at the tax cuts, what tax cuts? they're talk about taking a status quo, tax rate that exist today, increasing the higher rates on people who earn more money. millionaires and billionaires like dry cleaners, you know, mechanics and other people like that. when you and i both know spending is so massive they will try back tax and tax 401(k)s and raise taxes on the middle class. what is the answer? the answer is controlling government. firm, spending, caps over -- >> neil: they can't....
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of all of that money going to the super wealthy. >> so, are promises of massive tax hikes, taxing the jobs market? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, bulls and bears this week, gary b smith, tobin smith, jonas max ferris, along with julian epstein and larry, talk about future tax hikes, holding back a jobs recovery? >> that's right, that's right, brenda. well, you know, certainly for consumers that are work being that have 401(k) plans they may be feeling more confident these days, but their employers don't share the optimism. they're worried what's ahead and what's ahead are future tax increases, for small business owners still, these are people that own delis and dry cleaners and pave your driveways, not fat cats and million fairs and billionaires, they're average work people and concerned about the environment. and national independent business owners a record number of people. a bad time to start a business and a bad time to hire people. and that's not going to inspire jobs in this country, which is exactly what we need right now. >> okay, cl
of all of that money going to the super wealthy. >> so, are promises of massive tax hikes, taxing the jobs market? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, bulls and bears this week, gary b smith, tobin smith, jonas max ferris, along with julian epstein and larry, talk about future tax hikes, holding back a jobs recovery? >> that's right, that's right, brenda. well, you know, certainly for consumers that are work being that have 401(k) plans they may...
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they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i thought was so interesting about vice-president biden's comments 24 hours before the presidential. but setting up the middle class is effected and that is what mitt romney said middle class is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult
they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i...
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Oct 9, 2012
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separate taxes from parallel taxes. it was enacted to enoccur wealthy individuals work its way down the income chain. romney wants do away with it all together. obama could like to replace it. he would like to replace it it requires millionaires making over a million collars would be kiered to pay 30 percent in taxes. >> in a city like new york your stackses are going to go up and you will be paying 30 percent. >> if you make a physical boll lashes in new york you are considered making nothing. >> that is confusing. s is now 25 after the hour. president obama said they were an example of rebounding the economy. after making chevy volt batteries one plant is seeing anything but green. after supporting romney and ryan another celeb has a message for hollywood. >> quarter pounder, chicken? no? >> quarter under. look at this. look at this. quarter pounder. >> you know we all know campaign karl. he is on the pain with rit romney. mitt romney trying to convince romney to eat the burger. he is panning out burgers. lots of phot
separate taxes from parallel taxes. it was enacted to enoccur wealthy individuals work its way down the income chain. romney wants do away with it all together. obama could like to replace it. he would like to replace it it requires millionaires making over a million collars would be kiered to pay 30 percent in taxes. >> in a city like new york your stackses are going to go up and you will be paying 30 percent. >> if you make a physical boll lashes in new york you are considered...
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, saying it would result in a $5 trillion tax cut for the wealthy. the governor hitting back with another ad, saying the obama campaign is not being truthful, even the president's deputy campaign manager has stipulated that that tax cut won't be anywhere near $5 trillion. expect that to go on back and forth, with the exception that governor recommendny will be switching tacts to go to foreign policy. we will be looking forward to that one and this event here in port saint lucie. >> jamie: john roberts, staying on the trail for us. thank you. >> eric: with 30 days to go, what do the voters want to hear? what do president obama and mitt romney need to do to clinch the white house? we have the chairman of civic foreign pac and a former political adviser to democratic new jersey senator frank lautenberg and a fox news contributor. >> thanks so much. >> eric: you just heard john roberts say that both sides have attack ads out, calling each other liars. how do the rotors sort this out. >> >> eric: as haley barbour is fond of saying, it is not rocket scienc
, saying it would result in a $5 trillion tax cut for the wealthy. the governor hitting back with another ad, saying the obama campaign is not being truthful, even the president's deputy campaign manager has stipulated that that tax cut won't be anywhere near $5 trillion. expect that to go on back and forth, with the exception that governor recommendny will be switching tacts to go to foreign policy. we will be looking forward to that one and this event here in port saint lucie. >> jamie:...
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uncle sam saying no way to the company that lost millions of tax payer dollars. they cut 5 # $50 billion. what's the trob with the plan? >> the irs as well as the ende department opposed the bankruptcy plan of solyndra the solar company that got half a billion dollars from taxpayers before going bankrupt in the fall. the irs says solyndra's plan can't be approved because the purpose is to let solyndra's owners avoid future taxes. the only reason for it to exist post confirmation is to enable owners to exploit the tax attributes. >> according to the irs pose breaks are worth more than ones set aside for creditors. if it goes through they may get little to nothing for the loan. the irs goes on to say the company's owner to preserve the operating losses as they privately prepare for the fact that solyndra will go broke. it affects the bankly plan slated for wednesday. >> as government taxpayers hope we get some of that one back. statly ann? >> time for fox news health fix. a roundup of the week's top medical stories. the deadly meningitis outbreak and how doctors ar
uncle sam saying no way to the company that lost millions of tax payer dollars. they cut 5 # $50 billion. what's the trob with the plan? >> the irs as well as the ende department opposed the bankruptcy plan of solyndra the solar company that got half a billion dollars from taxpayers before going bankrupt in the fall. the irs says solyndra's plan can't be approved because the purpose is to let solyndra's owners avoid future taxes. the only reason for it to exist post confirmation is to...
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rate. >> the 20% tax rate i think the people will understand that is a broad principle that that tax rate needs to come down and we need to broaden the base. that is the principle. also that we are not going to change the share of taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work out the details in the same way ronald reagan did with tip o'neill with working across the aisle. governor romney has a proven record of being able to work across the aisle. >> chris: there are a lot of questions from independent people how do you pay for it and you refuse to say how you will pay for it? >> we will pay for it by eliminating deductions and loopholes and making sure for the middle class that protecting the home mortgage deduction and other important deductions for them but at the high end you would eliminate deductions and a lot of special interest loopholes that would allow you you to
rate. >> the 20% tax rate i think the people will understand that is a broad principle that that tax rate needs to come down and we need to broaden the base. that is the principle. also that we are not going to change the share of taxes paid by upper income earners and we will give tax relief to the middle class and going to be deficit neutral. you can do all those things and have people understand this election was about this and we need this kind of progrowth tax reform agenda and work...
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on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days here in the sunshine state. big rally in port st. lucie, 12,000 people one of the biggest crowds of his campaign so far and this state is beginning to friend this his direction. in fact, nationally, democratic leading policy poll found he gots a 5 point bounce out of that debate and the governor looking ahead to the next presidential debate, but as he left florida he couldn't help taking a parting shot at president obama's performance last wednesday. >> so i'm convinced that you all had the chance to hear his answers or his nonanswers. now, of course, days later we're hearing his excuses and next ja
on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days...
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right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he raised the bar and it is mitt romney's job to live up to the standards. >> you can't have a down moment. >> we see it in the polls. the polls are change things are getting closer and mitt romney is in the league. they saw them for the first time together . he cannot let down. >> my one on one with michael reagan, the son of a president many people credit with historic debate moments. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare
right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he...
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. >> i think they are scared to death not just the gaff i mentioned but they are going to raise taxes over a trlion dollars. e me s heeuuyear unam policies. i assume big bird is on the table. >> a good word -- you sat tw th edge paul ryan had wne lepte yesterday. he gave a little pop in the face. for the pele on the right who are looking for a little red meat they will find somebody who is charming super smart and able to delir aag thre lngfo b help resurrect pomomentum. >> be sure to tune in to fox news tomorrow. we will have coverage with megan kelly ande br. hiad u te w atldou joe biden and paul ryan? >> you can tweet them to us@fox friends first. or e-mail us at forienrsxnco ses morning and the frightening meningitis outbreak. 13,000 americans could be at risk. we are going to tell you what you need to know about this. . seigel whopein diseases. one man as story about how he worked as a double agent inside al qaeda. flush >> 21 after the hour. there is concern members of the military won't be heard. they failed to send absentee ballots beforehe5 li romney campaign the deadline to
. >> i think they are scared to death not just the gaff i mentioned but they are going to raise taxes over a trlion dollars. e me s heeuuyear unam policies. i assume big bird is on the table. >> a good word -- you sat tw th edge paul ryan had wne lepte yesterday. he gave a little pop in the face. for the pele on the right who are looking for a little red meat they will find somebody who is charming super smart and able to delir aag thre lngfo b help resurrect pomomentum. >> be...
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been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the chavez national monument that may help rally hispanic voters. new politico, george washington university battleground tracking poll of likely voters shows president may have an intensity problem. only 73% support him say they are extremely likely to vote compared to 86% who back romney. >> they know the race has tightened. >> bret: ed henry traveling with the president in california. ed thanks. >>> we are less than a month away from election day. much of the country is already taking part in early voting. we are taking our weekly look at how the electoral college map is shaping up. joining me again today are
been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the...
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a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are arguing over how you can could have 900,000ions found, a month before the election. i will let them argue about that. if it's all true and it all works out and it's not adjusted downward if a month, i think it's great for the country to see improvement in
a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince...
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one, of course, is to raise taxes. number two is to cut spending, number three is to grow the economy. because if more people work in a growing economy, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. megyn: he is talking about broadening the tax base, because if you lower the taxes, people have more money, they spend more money, the federal government takes in more. lou: it will is a result of the growth that it stimulates. but we have to put forward a very important caveat. this president has been in office ends 2009. he has not once performed at the tax code, has not once altered the direction of the tax, spending, and borrowing of the government. romney is talking about reversing all of that. truth is, megyn, without reducing spending and taking control of that defic
one, of course, is to raise taxes. number two is to cut spending, number three is to grow the economy. because if more people work in a growing economy, they are paying taxes and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is that it slows down the rate of growth. you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. megyn: he is talking about broadening the tax...
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the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing, the highest tax revenues in the history of this nation occurred in 2007. the government got more money from we, the people, than any other time in history under the bush tax, the rich tax cuts. >> bill: after an hour at the podium, the two moved to more comfortable quarters. >> how is it that two personalities such as yourselves who are almost polar opposites politically, share a willingness to come together when congress can't? what advice would you give congress? [ applause ] [ laughter ] >> bill: what would you like for christmas, little boy? [ laughter ] get off! >> who is your political hero and why? >> now? yeah, right. i would say robert kennedy. [ applause ] i can't believe you said that. >> why? >> bill: because i'm a big robert kennedy fan. i got a book out, killing kennedy. >> oh, for god sake! if. >> if you could see any american elected president, who would it be and why
the debt wasn't wiped out. >> 1.7 trail in bush tax cuts, yes? that was -- >> bill: i'm not gog defend bush or the republican party. i'm going to tell you one thing, the highest tax revenues in the history of this nation occurred in 2007. the government got more money from we, the people, than any other time in history under the bush tax, the rich tax cuts. >> bill: after an hour at the podium, the two moved to more comfortable quarters. >> how is it that two...
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he has been talking about raising taxes, raising trillions of dollars in taxes. having that one soundbite that biden can across with as a gaffe could really hurt. >> heather: do you think we'll see a more aggressive vice president biden? >> i hope so. one thing about the first debate that democrats will learn that mitt romney and paul ryan, they fact checkers they will get into it. they will say things over and over again that are not true. during the debate the vice president needs to say during the debate, paul ryan that is not true. at the time they can't rely on fact checks for after the debate. >> heather: vice president biden has had problems were with his own fact checkingers. coming out of the presidential debate, they said that president obama lost the momentum and governor romney gained some momentum. do you think that paul ryan will be able to keep that momentum up? >> i absolutely do. he is great legislator. he has a vision for this country. people, when he was picked as a vice presidential candidate republicans rallied around him. he has been helpful
he has been talking about raising taxes, raising trillions of dollars in taxes. having that one soundbite that biden can across with as a gaffe could really hurt. >> heather: do you think we'll see a more aggressive vice president biden? >> i hope so. one thing about the first debate that democrats will learn that mitt romney and paul ryan, they fact checkers they will get into it. they will say things over and over again that are not true. during the debate the vice president needs...
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many do not have statewide taxes such as personal corporate income tax or sales tax. the top three have no corporate individual income taxes. at the bottom of the barrel when it comes to taxes and climate overall for job creating firms the worse five, rhode island, vermont, california, new jersey and dead last, number 50, new york. the states in the bottom ten all had this in common. they suffer from complicated nonneutral taxes with high rates compared to other places. now, the winner for most improved, maine. it went from 37th to 30th overall mainly because it repealed its alternative minimum tax. michigan also jumped in ranking by replacing the michigan business tax with a flat corporate income tax. this year these rankings are all the more interesting because so many cash starved states have been making changes and reforms and that can significantly change their rankings. back to you. >> shannon: brenda buttner. thank you very much. that is it for us here in washington. do not miss "fox news sunday" next. chris wallace is previewing the second presidential debate
many do not have statewide taxes such as personal corporate income tax or sales tax. the top three have no corporate individual income taxes. at the bottom of the barrel when it comes to taxes and climate overall for job creating firms the worse five, rhode island, vermont, california, new jersey and dead last, number 50, new york. the states in the bottom ten all had this in common. they suffer from complicated nonneutral taxes with high rates compared to other places. now, the winner for most...
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paid by people who lost income so they did not pay taxes to the state. the other statute only lets the federal government reimburse the states that have spent money to clean up the environment. only one state in the gulf coast has spent enough money to demand reimbursement from cleaning up the environment, which is louisiana. the other states, texas, alabama, mississippi, they also want money from the feds. my guess is that the feds will distribute that money to the states and will collect a lot of money from b.p., somewhere closer to the $20 billion and this case will be over. >>shepard: over and done with, that is it and b.p. can go on and make more billions. >>judge napolitano: what you said at the outset is significant because the people who received money from b.p. agreed never to sue it again for anything having to do with this. they didn't know that there might be another spill or another sheen coming from the original spill. they will not be able to sue for damages from that. >>shepard: stand by for news. judge napolitano, thank you. >> we are in
paid by people who lost income so they did not pay taxes to the state. the other statute only lets the federal government reimburse the states that have spent money to clean up the environment. only one state in the gulf coast has spent enough money to demand reimbursement from cleaning up the environment, which is louisiana. the other states, texas, alabama, mississippi, they also want money from the feds. my guess is that the feds will distribute that money to the states and will collect a...
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taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 20
taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign...
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on to taxes. if your ticket is elected who will pay more in taxes, who will pay less? we're starting with vice president biden for two minutes. >> middle class will pay less and people making a million dollars or more will begin to contribute slightly more. let me give you one concrete example. continuation of the bush tax cuts. we're arguing that the bush tax cuts for the wealthy should be allowed to expire. of the bush tax cuts for the wealthy, $800 million, billion dollars of that goes to people making a minimum of a million dollars. >> minimum of million dollars. isn't that incorrect? >> well, he was providing an example of who we asked to do more to pay their fair share. we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, couples making over $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. t
on to taxes. if your ticket is elected who will pay more in taxes, who will pay less? we're starting with vice president biden for two minutes. >> middle class will pay less and people making a million dollars or more will begin to contribute slightly more. let me give you one concrete example. continuation of the bush tax cuts. we're arguing that the bush tax cuts for the wealthy should be allowed to expire. of the bush tax cuts for the wealthy, $800 million, billion dollars of that goes...
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particularly domestically in terms was tax policy. this is how mr. mitt romney after president obama and the vice president joe bide boid for his suggestion that yes, indeed democrats do want to raise taxes. >> the paths we take our nation down are quite he for instance will raise taxings. hi vice president blurted out the truth. it is trillion when you put them together. >> the mitt romney campaign motor cade is now in sight. you will hear the crowd start to roar as they welcome the republican nominee. he will spend - on >> carl cameron's shot froze up. it is live television. as governor romney takes the stage we'll go back to carl. >> a major development to actul about in an effort to tell you why our ambassador and others were not better protected. the house oversight committee issuing subpeonas for a hearing next week. we knew that but we are hearing now what is on the list. we'll see lieutenant colonelandy wood. and colonel wood was in charge of a 16-member special forces security team recall protecting the forces. and also tonight defense secre
particularly domestically in terms was tax policy. this is how mr. mitt romney after president obama and the vice president joe bide boid for his suggestion that yes, indeed democrats do want to raise taxes. >> the paths we take our nation down are quite he for instance will raise taxings. hi vice president blurted out the truth. it is trillion when you put them together. >> the mitt romney campaign motor cade is now in sight. you will hear the crowd start to roar as they welcome...
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when governor romney in 2012 makes a campaign promise about taxes, the obama campaign calls governor romney a liar. why is one guy's campaign promises now broken? not a lie, the other guy's campaign promises a lie. how can that be? here's david axelrod on cbs's "face the nation." are you saying that governor romney died or was dishonest? >> dishonest, absolutely. when he said he never proposed $5 trillion in tax cuts, that was dishonest. >> when senator obama said in 2008, i'm going to cut the deficit in half, close gitmo, people said that was unrealistic, but didn't say he wasn't telling the truth. there's a difference, isn't there? >> no. closing gitmo involved an act of congress, and he wasn't able to get congress to agree with him on that question. this is basic math. >> greta: joining us our political panel, abc news senior washington editor rick klein, casey huntington, and byron york. rick, first you. i thought it was executive order to close gitmo, just needed congress to place the people. am i right? >> they realized it was going to be harder than they wanted. the distinctio
when governor romney in 2012 makes a campaign promise about taxes, the obama campaign calls governor romney a liar. why is one guy's campaign promises now broken? not a lie, the other guy's campaign promises a lie. how can that be? here's david axelrod on cbs's "face the nation." are you saying that governor romney died or was dishonest? >> dishonest, absolutely. when he said he never proposed $5 trillion in tax cuts, that was dishonest. >> when senator obama said in 2008,...
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>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news flash for jerry brown, his state is broke. >> yes, it is. >> steve: so for them to extend these tax breaks, and it would be essentially a tax credit on your state taxes that the movie companies would enjoy, this is not the time to be giving rich guys big fat tax breaks. >> by the way, 12 other states which used to offer the same kind of tax breaks to movie companies, come make a movie in my state, they've withdrawn on limited those because they have run out of money. california has run out of money, but they say keep that gravy train
>> they get a tax credit. they make a movie here, 25 cents of every dollar you spend is a tax credit. you pay lower taxes. if, however, you are just a regular person in california, hollywood wants you to pay more in taxes. they support governor brown who suppose has whopping tax increase for everybody in california. so that's the hypocrisy. hollywood wants a tax break for them, but maneuvers to get higher taxes for everybody else in the state of california. >> steve: i got a news...
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the tax increases and so forth. conditions in europe are not improving because tear not dealing with the fundamental -- they're not dealing with the fundamental structural problems, the fact that the southern countrie had to borrow to finance importing, germany will have to have a trade deficit, or there's no going home again. in china they cannot grow forever on the basis of exporting to the americans and not buying from the americans, because then they smother their customers. these imbalances haven't been fixed so, yes, the danger is real, and it's grave. jenna: charlie, let's talk about the ways to fix i. peter was mentioning the different types of economies at play in europe, but one of the things mentioned overall a couple years ago everyone was saying you've got to fix their debt and deficit, so people cut spending, and that became part of the problem because it slowed down the economy. >> well -- jenna: there's a little bit of you're darned if you do, you're darned if you don't. >> the imf is not a great exa
the tax increases and so forth. conditions in europe are not improving because tear not dealing with the fundamental -- they're not dealing with the fundamental structural problems, the fact that the southern countrie had to borrow to finance importing, germany will have to have a trade deficit, or there's no going home again. in china they cannot grow forever on the basis of exporting to the americans and not buying from the americans, because then they smother their customers. these...
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when he said he didn't propose 5 million in tax cuts he was dishonest. he said to 70 million americans i will repeal obama care but i will still be able to cover people with preexisting conditions. 10 minutes after the debate he sent someone in he really didn't mean that. he said i want more teachers. i love teachers. it was a few weeks ago he chastised the president saying we don't need more teachers we don't need more government. yes i would say he was dishonest? >> would you go so far as he lied? >> i am saying he was dishonest with his answers. you can take that however you want. >> the romney campaign issuing their own attacks on the performance. gillespie said romney delivered facts the president couldn't. >> the problem we have is the debate performance wasn't a matter of style it was a matter of substance. romney laid out a plan for turning this economy around and getting things moving again. he had a fact based critique of president obama's failed policies that the president was unable to respond to. and today and since then the obama campaign t
when he said he didn't propose 5 million in tax cuts he was dishonest. he said to 70 million americans i will repeal obama care but i will still be able to cover people with preexisting conditions. 10 minutes after the debate he sent someone in he really didn't mean that. he said i want more teachers. i love teachers. it was a few weeks ago he chastised the president saying we don't need more teachers we don't need more government. yes i would say he was dishonest? >> would you go so far...
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. >>> and you can do that with cutting taxes with a big tax cut. >> paul ryan said those are your word and not mine thampts kind of strae are you trying to stuff words in people's mouths. this was a local affiliate out of flint, michigan. an important state. >> brian: especially the polls are closing to within three. and it is interesting that paul ryan is out giving interviews and vice-president biden is in a six day -- c>> steve: no kidding. good for paul ryan stick to the press. the guy had something in mind. and it is the thing that newt gingrich did and was effective. maybe joe biden should be looking for that paul ryan. >> gretchen: the mitt romney declaring war on the president obama. >> how does romney's plan stack up. veteran of the wars. coming up next. >> brian: you never saw a full fight quite like this one. >> steve: oh, my goodness. you are right. and then you never saw a bull fight like that one. we'll watch it over and over again. weight watchers online was so easy you look up a food, you eat the food, you track the food. weight -- comes right off. you have lipstick on
. >>> and you can do that with cutting taxes with a big tax cut. >> paul ryan said those are your word and not mine thampts kind of strae are you trying to stuff words in people's mouths. this was a local affiliate out of flint, michigan. an important state. >> brian: especially the polls are closing to within three. and it is interesting that paul ryan is out giving interviews and vice-president biden is in a six day -- c>> steve: no kidding. good for paul ryan stick...
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it's a massive tax that could cost the american economy more than half a trillion dollars a year. trillion with a t according to the national association of manufacturers. riley the former republican epa chief says something like that needs to be done. >> i think the epa has been led to a position where it's got to act. >> many disagree. among other things the epa cleanup operations of 40 years ago cost relatively little and most everyone benefits. in contrast an all out effort to lower the temperature of the planet assuming global warming is a real problem that humans can reverse would sheerl be the most complicated and expensive under taking in human history. >> the kinds of pollution in pittsburgh when i was growing up it's gone. i am grateful to that generation of the epa would help to make it happen. >> torpedo wood the epa latest mission reveals not a concern for the environment but a radical agenda that is less about the environment than most americans might image. as you will see later he discovered that in a college freshman dorm far from the corridors of power. >>> when
it's a massive tax that could cost the american economy more than half a trillion dollars a year. trillion with a t according to the national association of manufacturers. riley the former republican epa chief says something like that needs to be done. >> i think the epa has been led to a position where it's got to act. >> many disagree. among other things the epa cleanup operations of 40 years ago cost relatively little and most everyone benefits. in contrast an all out effort to...
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>>reporter: the big one is the estate tax. governor romney says he would repeal the estate tax if he becomes president. president obama would allow it to rise. the other big one is regulation. remember all of the hand wringing over the rumors the epa wanted to regulate farm dust? the labor department is looking at a rule to limit the amount of work that children under the age of 18 can do on farms. governor romney promised in his administration it would be different. >> you have to have regulation. you need regulation for markets to work effectively. i am going to cut back on regulation and put a cap on regulation. any new major regulation will have to be approved by congress. i'm not letting the politician off the hook. >>reporter: governor romney has been telling personal stories on the trail. today he told a new one of a former navy seal he met at a christmas party this san diego. early this year he learned he was one of two former navy seals killed at the american consulate in benghazi. >>shepard: thank you, john roberts.
>>reporter: the big one is the estate tax. governor romney says he would repeal the estate tax if he becomes president. president obama would allow it to rise. the other big one is regulation. remember all of the hand wringing over the rumors the epa wanted to regulate farm dust? the labor department is looking at a rule to limit the amount of work that children under the age of 18 can do on farms. governor romney promised in his administration it would be different. >> you have to...
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romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to come. they're building and talking about their ground game, grassroots, 4 million people have been contacted here in ohio alone. 4 1/2 million. that's more than a third of the overall population. the polls have ticked up. romney has closed the gap, leading in some of the national polls, within the mar i didn't know of error, and in most of the battle ground states, he's either closed the gap and in a couple of cases, gone up by a point or two. these are swings in the polls. he's eliminated any bounce the president had gotten from his convention with the own bounce he got last week. with the vice presidential d
romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to...
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now the irs is accusing its owners of trying to avoid paying taxes. jon: also, lance armstrong accused in the most sophisticated doping program the sporting world has ever seen. we'll show you the suspected evidence. jenna: plus a deadly garage collapse, rick is going to have the update on that plus on what to watch for tonight. >> beginning at 8:45, we're on after the debate until 11 p.m. eastern. watch it here on fox news channel, but join us for our live online chat, tens of thousands of you last week. we hope you'll come back and interact with us tonight, and we'll have more of "happening now" after a quick break. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. stay top of mind with customers? from deals that bring them in with an offer... to social media promotions that turn fans into customers... to events that engage and create buzz... to
now the irs is accusing its owners of trying to avoid paying taxes. jon: also, lance armstrong accused in the most sophisticated doping program the sporting world has ever seen. we'll show you the suspected evidence. jenna: plus a deadly garage collapse, rick is going to have the update on that plus on what to watch for tonight. >> beginning at 8:45, we're on after the debate until 11 p.m. eastern. watch it here on fox news channel, but join us for our live online chat, tens of thousands...
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on the issue of taxes, now half of americans believe taxes will go up this president obama is reelected while only 41% think the same will happen in governor romney wins. bill: now we are at 11 states affected by the meningitis outbreak. that is new today. 12 people now reported dead, more than a hundred others sick. that rare disease traced to a tainted shot. jonathan serrie is on the story in atlanta. we are getting word that another pharmacy is shutting down. >> reporter: that's right pweufplt another compounding pharmacy in westfield, massachusetts voluntarily agreeing to temporarily shut down to allow state and federal officials to go in and srebt its operations. this is called ameradose. although it's a separate operation it's owned by the same individuals that own the new england compounding center the company that produced the medicine in the outbreak. they say this action was taken proactively and cooperate lee with the board of registration of pharmacy out of an abundance of caution to assure the safety of all ameradose products. they say there is no indication of any contamin
on the issue of taxes, now half of americans believe taxes will go up this president obama is reelected while only 41% think the same will happen in governor romney wins. bill: now we are at 11 states affected by the meningitis outbreak. that is new today. 12 people now reported dead, more than a hundred others sick. that rare disease traced to a tainted shot. jonathan serrie is on the story in atlanta. we are getting word that another pharmacy is shutting down. >> reporter: that's right...
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follow the reporter pushes him on tax cuts. you can do all by cutting taxes with a big tax cut? >> ryan respond, those are your words, not mine. off-camara ryan's press secretary was heard, thank you very much, sir. that's when paul ryan begins removing his mic and leaving, adding quote, that was trying to strange you're stuffing words in people's minds. >> i don't know if it is strange. >> ryan fires backs sound like you're trying to put answers to questions. that's where it ended. the local michigan station pulled that part of the interview off the website. they said the time was up and everyone making big deal out of nothing. congressman ryan's team statement they issued. reporter was well over allotted time interview when he started to ask a weird question related to gun violence with tax cuts. ryan responded anyone would with a strange situation, when you do 200 interviews in couple months eventually you will see a local reporter embarass himself. that from the ryan campaign. that is the back and forth. hope you're able to follow all that. be sure to follow us on thursday n
follow the reporter pushes him on tax cuts. you can do all by cutting taxes with a big tax cut? >> ryan respond, those are your words, not mine. off-camara ryan's press secretary was heard, thank you very much, sir. that's when paul ryan begins removing his mic and leaving, adding quote, that was trying to strange you're stuffing words in people's minds. >> i don't know if it is strange. >> ryan fires backs sound like you're trying to put answers to questions. that's where it...
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they had the exchange on taxes for the first 20-25 minutes and romney did well. i think it was still in question who was really going to win the debate and then jim lehrer said let's turn to the second session on the debt. the first thing he said was the issue of the debt and deficit is not just an issue of money it is an issue of morality. immoral to leave the debt to our children and grandchildren and i thought it was a strong statement and elevated the romney campaign above a kind of we can do a little better for your pocketbook next week than president obama can and put it in a bigger concept and elevated the race into who is the more are responsible steward of this country's finances and well being for the next generation. i thought it was a very important moment for mitt romney. >> geraldo: stand but youle join our all-star panel in a moment. first, news on fast and furious, folks. the botched atf gun running operation and news that hasn't been fully digested by the mainstream media. we know that one of the walked guns was used to kill agent brian terry but
they had the exchange on taxes for the first 20-25 minutes and romney did well. i think it was still in question who was really going to win the debate and then jim lehrer said let's turn to the second session on the debt. the first thing he said was the issue of the debt and deficit is not just an issue of money it is an issue of morality. immoral to leave the debt to our children and grandchildren and i thought it was a strong statement and elevated the romney campaign above a kind of we can...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used tom's personal fo to buy new teeth and a new car, and stuck tom with the $57,000 bill. [tires squeal] now meet carl who works from the coffee shop and uses the free wi-fi. marie works from there too. she's an identity thief who used a small device to grab his wi-fi signal, then stole enough personal information to hijack and drain his bank accounts. every yemillions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. this is identity theft and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protecti
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> aouncer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who...
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conversation about taxs and the future of taxes specifically the soon to expire bush tax cuts. >> so the next time they say don't worry about it we'll get a few wealthy people to pay their share, watch out middle class the tax bill comes to you. >> that is referring to the current plan to let the taxes for the top expire and maintain the rest for lowwer and middle class . romney campaign insisting that all of the bush taxes need to be preserved. back to you. >> brian: 26 minutes before the hour. twitter partnered with this and great to do the debate and read your twitter to find out what people think. >> gretchen: it had to do with pearly whites. here is larry. snl will have to can devote a entire show to biden's facial expression. >> steve: saturday night live. >> brian: gretch gretchh -- gretchen has a personal reaction. >> steve: mr. james fortune said the real winner in the debate is joe biden's dent mr. #2: . he does have a beautiful set of choppers and we saw them a lot in inappropriate times and saw them a lot when paul ryan talked about the four americans murdered in libya an
conversation about taxs and the future of taxes specifically the soon to expire bush tax cuts. >> so the next time they say don't worry about it we'll get a few wealthy people to pay their share, watch out middle class the tax bill comes to you. >> that is referring to the current plan to let the taxes for the top expire and maintain the rest for lowwer and middle class . romney campaign insisting that all of the bush taxes need to be preserved. back to you. >> brian: 26...
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president obama blamed exxon mobil and they fired back at the president when he suggested changing the tax law to affect that company and it will come up in the v.p. debate and more down the stretch especially if prices are around $4 a gallon. >>eric: what do you think of the idea of relaxing the epa standards? the way i understand it, it is the california epa standard and keeping the national epa standard in place with the blending requirement. what do you think of that idea? >>guest: i'm not an energy expert but the politicians always have to be active in this situation you cannot just it is back and all the people in california, they are upset, they want something done. you can just say, we cannot do anything, it is up to the speculators and the markets. you have to try something. even though a last times when you do something, times it doesn't work. you have to be active whether you are a democrat or republican. you have to respond to the concerns. when you are spending this amount of money, $70 or $80 to fill up the tank, you have less money for food, less money for college tuition. >
president obama blamed exxon mobil and they fired back at the president when he suggested changing the tax law to affect that company and it will come up in the v.p. debate and more down the stretch especially if prices are around $4 a gallon. >>eric: what do you think of the idea of relaxing the epa standards? the way i understand it, it is the california epa standard and keeping the national epa standard in place with the blending requirement. what do you think of that idea?...
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lack after record and policies that just tax plan. jenna: 29 days until the election, 29 days until the election i would expect nothing less than you two talking over each other and we look forward to having you back. both of you. as this gets closer to election day. and we all can say you're a liar. no you're a liar. we're going to talk more about it next time you guys are on. if it dissolves into that accusation both sides where are we really? that will be the next topic of debate. gentlemen, nice to have you. >> thank you. jon: the beginning of a new era in the u.s. space program, the first comercial mission to the international space station. it is underway right now. we have breaking details next. >> liftoff of the spacex falcon 9 rocket. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. t
lack after record and policies that just tax plan. jenna: 29 days until the election, 29 days until the election i would expect nothing less than you two talking over each other and we look forward to having you back. both of you. as this gets closer to election day. and we all can say you're a liar. no you're a liar. we're going to talk more about it next time you guys are on. if it dissolves into that accusation both sides where are we really? that will be the next topic of debate. gentlemen,...
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a 5 trillion dollar tax cut. if you believe that we can cut taxes by 5 trillion dollars, you don't come close to paying for 5 trillion dollars in tax cuts and two trillion in additional military speck. >> let me repeat what i said. i'm not in favor of a 5 trillion dollar tax cut, that he not my plan, my plan is not to put-- >> and there's back checking what that means now. >> mitt romney is going to need to get very, very specific. people are tired of ambu get and he did talk about the deductions and more detail. he's going to need to be prepared with barack obama to come out with this stuff. independent voters are listening. generally independent voters do not like muscling from left to right and right to left. what they're interested in it is solutions. if president obama is going to pick on mitt romney he better well have some forward thinking and explain what he's going to do differently the next four years to make him wore thif of getting reelected. if they are the same policies that 114,000 jobs a month is
a 5 trillion dollar tax cut. if you believe that we can cut taxes by 5 trillion dollars, you don't come close to paying for 5 trillion dollars in tax cuts and two trillion in additional military speck. >> let me repeat what i said. i'm not in favor of a 5 trillion dollar tax cut, that he not my plan, my plan is not to put-- >> and there's back checking what that means now. >> mitt romney is going to need to get very, very specific. people are tired of ambu get and he did talk...
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the 47% hidden video where romney said, you know, half the people in this country don't pay income tax. they are not going to vote for me no matter what. what they are trying to do democrats and very aggressive militant group of public employees are trying to do is really portray romney as a man out of touch. he lives in a mansion with an elevator for his car. and the poor garbage man is outside. >> bill: romney never did anything with the guy. >> really low blow like the ad of romney killing the guy's wife with cancer. >> bill: romney probably doesn't even know who the guy is because romney is not in la jolla very often. >> i would venture to say most people in new york don't know who their sanitation worker is. >> bill: here is the sneaky thing. lee saunders is an at-large member of the democratic national committee. >> right. >> come on. i mean, this is so bogus and i guess they are appealing to just ignorant voters. >> it's an effective ad. they have gotten 1.4 million hits on youtube. 1.6 members of as me. >> probably all of them. >> the unionembers. but i agree, a low blow. >> no
the 47% hidden video where romney said, you know, half the people in this country don't pay income tax. they are not going to vote for me no matter what. what they are trying to do democrats and very aggressive militant group of public employees are trying to do is really portray romney as a man out of touch. he lives in a mansion with an elevator for his car. and the poor garbage man is outside. >> bill: romney never did anything with the guy. >> really low blow like the ad of...
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. >> i will not raise taxes on middle class americans and i will not raise taxes on small business. (cheer (cheers) >> if he were to get reelected there's no question he's going to fully installed obamacare. if i get elected president we're going to repeal obamacare and put put in reforms that help hold down the cost of health care. >> we can't keep accepting this as the new normal, 57% of americans living in poverty, that's not the new former, that's a problem that will be mixed when we elect him president november the 6th. >> clayton: and headed to the area, to shore up voters, blue collar towns. go to levin, ohio, red counties and 1.2 million in high hog cuyahoga county. and look at the rasmussen poll. president obama with a one point lead and that's, i wasn't say a dramatic shift, but it was four or five a few weeks ago before the debate. >> dave: and look at the swing states. slight lead for obama in ohio and slight lead for romney in florida. and it's basically neck and neck adding to the importance of tuesday's town hall. >> alisyn: you talk a lot about ohio and why is it imp
. >> i will not raise taxes on middle class americans and i will not raise taxes on small business. (cheer (cheers) >> if he were to get reelected there's no question he's going to fully installed obamacare. if i get elected president we're going to repeal obamacare and put put in reforms that help hold down the cost of health care. >> we can't keep accepting this as the new normal, 57% of americans living in poverty, that's not the new former, that's a problem that will be...
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that mitt romney has ill alienated and put a distance between himself in the 47% who don't pay income taxes about their wanting a government handout. he hammer tfd again today. listen. >> the 47% this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [cheers] >> take some responsibility to help the american people, the middle class. >> there you see it the vice presidential debate in the history woox. another debated this tuesday. we find out from the romney campaign today that the former massachusetts governor is planning another big policy speech it will come next friday and it will be about spending, the size of government. what republicans really hope is one of the underlying key decisions that voters have to face. romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, o
that mitt romney has ill alienated and put a distance between himself in the 47% who don't pay income taxes about their wanting a government handout. he hammer tfd again today. listen. >> the 47% this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [cheers] >> take some responsibility to help the american people, the middle class. >> there you see it the vice presidential debate in the history woox. another debated...
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i think that hurt him than any question about taxes or troop movements or the like. >> arthel: give me 30 seconds on this final question, if you could, how much of some of these statements made in these debates is tough talk or political posturing, if you will, and what percentage of the take away from these debates would be real political policy? >> well, you don't hear too much specifics. i think we've been through enough to know that you don't come away saying, well, i really understand that medicare plan. but i think what people are looking for in debates, and i've been through some good ones and some very bad ones -- i think what they're looking for is is this guy up for the job in the case of romney or how does obama view his last four years and does he understand that people are disappointed? so it's as much about character and values and understanding people like me as it is about the questions that we'll face, the unknown questions that may face the next president of the united states. >> arthel: you have the experience for sure and i know you'll be watching. we'll talk to you
i think that hurt him than any question about taxes or troop movements or the like. >> arthel: give me 30 seconds on this final question, if you could, how much of some of these statements made in these debates is tough talk or political posturing, if you will, and what percentage of the take away from these debates would be real political policy? >> well, you don't hear too much specifics. i think we've been through enough to know that you don't come away saying, well, i really...
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i will not raise taxes on business. i will not tase ax -- raise taxes on middle-income people i will not raise taxes on the american people. it's a very different approach. >> no republican has won the presidency without winning ohio. romney plans to spend the next three days in that state. >>> brian kobilka got the call from sweden about 2:20 a.m. that he won the nobel prize. he's a profess at stanford school of medicine and won the prize for ground-breaking discoveries on cell proteins that have helped scientists develop better medication e share urs the prize with duke university professor with robert lefkowitz and he says he already has plans for the money. >> the kids. they don't make that much money. you don't know what's gonna happen in the future. you want to be able to have something to leave to your children. >> yeah, it's icing on the cake. we never work for the company. it's icing on the cake. >> this is a wonderful day -- >> he also had a chance to talk about his work during a press conference at stanford t
i will not raise taxes on business. i will not tase ax -- raise taxes on middle-income people i will not raise taxes on the american people. it's a very different approach. >> no republican has won the presidency without winning ohio. romney plans to spend the next three days in that state. >>> brian kobilka got the call from sweden about 2:20 a.m. that he won the nobel prize. he's a profess at stanford school of medicine and won the prize for ground-breaking discoveries on cell...
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Oct 11, 2012
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a lot of people keep asking me, what is this tax reform? it's kind of complicated. and i tell them it's about real people, real businesses and real jobs. because it is now that we're the only city in the state of california that's got a payroll tax. we're still taxing job creation, opposite of what we've all wanted to do many if not most of you have complained for years, why are we doing this to ourselves? well, i'm happy to report that we're long last at reforming our business tax structure. we're going to stop taxing jobs and we're going to help companies large and small start here, stay here and grow right here. and we need to protect existing jobs at the same time we spur job creation. in our consensus measure we'll generate new revenue for housing, for economic development and critical infrastructure like our roads and muni, investments that will help our workers and our businesses. and because we are growing and a vibrant economy we require a growing and diverse supply of housing. so we need a housing trust fund. that's proposition c creating a permanent fund
a lot of people keep asking me, what is this tax reform? it's kind of complicated. and i tell them it's about real people, real businesses and real jobs. because it is now that we're the only city in the state of california that's got a payroll tax. we're still taxing job creation, opposite of what we've all wanted to do many if not most of you have complained for years, why are we doing this to ourselves? well, i'm happy to report that we're long last at reforming our business tax structure....
SFGTV2: San Francisco Government Television
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we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no application fee. if you are interested in an application or information, i have brochures, or you can give us a call. >> thank you. next is marked with wells fargo. >> hello, i work for wells fargo bank. i cover the northern california region. i usually focus on about $350 -- $350,000 of sbe loans. last year, for 2010, i did 43 loans. so we are lending. i usually focus on six different types of loans. start-ups, business acquisitions, real estate purchases with ti's, working capital, a partner buyouts, business expansion. when i am loo
we do allow tax returns, projections. credit unions do not charge an additional loan or processing fee. processing time, on a small loan, -- consumer loans probably a few days. because we require a business plan, sometimes it takes longer. business plans take a while. especially bank statements. we need to see consistent income coming in. so far, a credit union delinquent rate is quite low because we are working with a client. we want to keep that low and as part of our mission. there is no...